- Universal Health has adjusted its full-year net revenue forecast to a range of $17.10 billion to $17.31 billion. Previously, it was projected at $17.02 billion to $17.36 billion.
- The updated estimate for adjusted earnings per share (EPS) is set between $20.00 and $21.00, surpassing previous estimates of $19.58.
- For the second quarter, adjusted EPS reached $5.35, compared to $4.31 year over year, and exceeded the estimate of $4.92.
- Net revenue for the second quarter was $4.28 billion, representing a 9.6% increase year over year, and slightly above the estimated $4.23 billion.
- Same facility acute care adjusted admissions increased by 2%, while behavioral health adjusted admissions saw a slight growth of 0.4%.
- Acute Care Hospital Services reported net revenue of $2.27 billion on a same facility basis, marking an 8.2% year-over-year growth.
- Adjusted EBITDA, net of noncontrolling interest, was $642.9 million, up 11% from the previous year, and exceeded the $616.9 million estimate.
- Adjusted net income reached $347.9 million, demonstrating a 19% increase year over year, ahead of the $320.6 million estimate.
- Analyst recommendations include 9 buys, 12 holds, and 1 sell.
A look at Universal Health Services B Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Universal Health Services B, a healthcare management company, shows a promising long-term outlook based on the Smartkarma Smart Scores. With high scores in Value and Growth, the company is positioned well for future success. Its strong emphasis on delivering value and potential for growth make it an attractive option for investors looking for stability and potential returns in the healthcare sector. Although the scores for Dividend and Momentum are moderate, the overall positive outlook in key areas bodes well for Universal Health Services B as it continues to expand its presence in the healthcare industry.
Universal Health Services, Inc. operates acute care hospitals, behavioral health centers, and surgery centers across the United States and Puerto Rico. Offering a range of services including general surgery, internal medicine, radiology, and pediatric care, the company plays a vital role in providing essential healthcare services to communities. With a focus on value, growth, and resilience, Universal Health Services B demonstrates a commitment to delivering quality care and sustainable performance in the ever-evolving healthcare landscape.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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